India: Ferro silicon prices correct as Bhutan’s BIS situation eases up

The price of Indian ferro silicon (Si:70%) dropped by INR 1,500/t to INR 110,000/t exw-Guwahati on 25 January, according to BigMint’s assessment. Prices in Bhutan were likewise the same as some producers had their BIS licenses renewed. As a result, there were less supply restrictions, and market players anticipate regular trading in the coming days.